Clipped from: https://www.business-standard.com/article/finance/credit-card-spend-crosses-rs-1-trillion-first-time-in-a-month-rbi-121120300051_1.html Among major credit card players, ICICI Bank has been the most aggressive Photo: Shutterstock Buoyed by the festival season euphoria, credit card spends
Category: Economy
Double digit growth indeed possible – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/double-digit-growth-indeed-possible/articleshow/88037017.cmsSynopsis The RBI is coming under pressure from sustained upward trends in different measures of inflation and the hawkish pronouncements by the US Fed
Fed chief’s comment on rate hike set to ruin Dalal Street’s Christmas party – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/fed-chiefs-comment-on-rate-hike-set-to-ruin-dalal-streets-christmas-party/articleshow/88022829.cmsSynopsis While the benchmark Nifty50 has not yet technically entered a correction zone of 10 per cent from its record high, a large swathe
GDP: Not all good: Q2 data shows economy back at pre-Covid level. But informal sector still in trouble–Times of India
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/gdp-not-all-good-q2-data-shows-economy-back-at-pre-covid-level-but-informal-sector-still-in-trouble/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
For atmanirbharta in electronics… – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/for-atmanirbharta-in-electronics/2380212/ …we need to make hardware PLI more responsive and take a pragmatic view on Chinese investment in India in the space The China
India’s informal economy has not shrunk – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/indias-informal-economy-has-not-shrunk/article37778140.ece?homepage=true An SBI Research study’s claim that there is greater formalisation of the economy is unfounded According to a recent State Bank of India
All about MSP and the demand for a legal backing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/explainer-all-about-msp-and-the-demand-for-a-legal-backing/article37764504.ece?homepage=true With mountains of foodgrains storage, the Centre now focus on nutri-cereals, oilseeds and pulses to avoid massive forex outflows. What is MSP? Why
Supporting farmers | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/supporting-farmers-121113001783_1.html Govt should find ways to extend income support The Union government got the controversial agricultural laws repealed on the first day of the
Two years lost | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/two-years-lost-121113001775_1.html The National Statistics Office has released its estimates of gross domestic product (GDP) for the second quarter this fiscal year, 2021-22. The quarter, which covers
Q2 GDP: Signs of durability amiss as momentum wanes after festive season | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/q2-gdp-signs-of-durability-amiss-as-momentum-wanes-after-festive-season-121113001401_1.html While rising vaccine coverage and fuel tax cuts will boost confidence and re-invigorate demand, the spectre of higher prices may contain the consumption
Show bank recapitalisation in Budget as fiscally non-neutral: CAG to govt | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/show-bank-recapitalisation-in-budget-as-fiscally-non-neutral-cag-to-govt-121113000440_1.html In a report tabled in the Parliament, the CAG said the the government made an investment of Rs 80,000 crore in 2017-18 and
Growth prospects: Urban-led growth in the offing – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/growth-prospects-urban-led-growth-in-the-offing/2378642/ Even as consumption revival remains a key theme in FY23, unleashing the full potential of consumption demand will require constant policy effort to
Reducing poverty | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/reducing-poverty-121112901461_1.html Real test of success lies in sustainability India’s first multi-dimensional poverty index (MPI), created under the aegis of the NITI Aayog, did not contain major
Rural India unimpressed by farm law repeal | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rural-india-unimpressed-by-farm-law-repeal-121112900847_1.html Farmers’ perception regarding their future well-being is obviously linked to the outcome of their agitation Prime Minister Narendra Modi made a surprising announcement
An open letter to PM Modi | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/an-open-letter-to-pm-modi-121112800908_1.html Dear Prime Minister, your government has brought in transparency in the appointment process of CEOs; capitalised the banks; cleaned their books; and consolidated
The Fed is way behind the curve – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-fed-is-way-behind-the-curve/2377824/ It has been making nervous noises but it has just started tinkering at the edges, hoping it doesn’t have to really crank things
Government faces many concerns over MSP guarantee – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/government-faces-many-concerns-over-msp-guarantee/articleshow/87968027.cmsSynopsis If MSP gets legal sanction, India’s agri exports could become non-competitive, said officials. The Centre faces multiple concerns over the agitating farmers‘ demand for
India stock market: China regains favor with investors who deem India overvalued – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/china-regains-favor-with-investors-who-deem-india-overvalued/articleshow/87944867.cmsSynopsis BlackRock Inc. has upgraded Chinese stocks as policy hurdles ease, saying “the time to position in China is now,” while trimming its exposure
China regains favour among global investors who deem India overvalued | Business Standard News
Clipped from: https://www.business-standard.com/article/international/china-regains-favor-with-investors-who-deem-india-overvalued-121112700422_1.html BlackRock has upgraded Chinese stocks as policy hurdles ease while trimming its exposure to Indian equities In a change of tone over the
Remittances are up, up and away – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-remittances-are-up-up-and-away/articleshow/87918054.cmsSynopsis In 2020, the World Bank and International Monetary Fund (IMF) predicted that remittances would fall by 20%. Thankfully, remittances defied that prognostication and